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535 N Minden Ave
Minden, NE 68959
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 6,298 SF |
| Property Subtype | Apartment | Average Occupancy | 75% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1932 |
| Zoning | 03 COMMERCIAL | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 6,298 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 1932 |
| Zoning | 03 COMMERCIAL |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Tub/Shower
- Yard
SITE AMENITIES
- Courtyard
- Laundry Facilities
ABOUT 535 N MINDEN AVE , MINDEN, NE 68959
Excellent stabilized property located on the edge of downtown Minden next to 18 unit complex, very unique property with many long term tenants and historically great occupancy. Many recent capital repairs include some new HVAC units, and sidewalk/ step repairs. Complete remodel of basement units done in 2017 as well as recent updates to other units including some new flooring, paint, LED common lights, electrical, and some appliances. This building, built in 1932 is like a tank with many high quality features, low maintenance exterior. Coin-Op washers on site provide for additional monthly income. Great value add potential by bringing rents to market rate and greatly increasing your monthly cash flow. Professionally managed and maintained by local Property management company makes these two buildings a great cash flowing investment. These properties have always been meticulously maintained; Amazing opportunity will not last! See attached analysis for financials.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $850.00 | - |
| 2+1 | 2 | $537.50 | - |
| 1+1 | 3 | $470.00 | - |
| 4+4 | 1 | $750.00 | - |
| Studios | 1 | $350.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $382,230 | |
| Land Assessment | $16,260 | Total Assessment | $398,490 |
PROPERTY TAXES
